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Conventional mortgage: 1-year

A posted conventional one-year mortgage rate. Posted rates are higher than the discounted rates most borrowers are actually offered.

Current value 5.49%
As of 2026-09-16
Series code V80691333
Publisher Bank of Canada

This is a published benchmark, not an offer. No lender is obliged to lend at it, and the rate you are offered for a particular loan depends on the lender's assessment of your file, the security pledged and the term. A benchmark is useful because it shows which way the underlying cost of funds is moving and how far a quoted rate sits from it.

The lowest rates are only available to the most qualified applicants.

Source: Bank of Canada, series V80691333, as of 2026-09-16. Retrieved 2026-09-17T23:57:00Z.

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Other series

Target for the overnight rate Prime rate Canadian Overnight Repo Rate Average (CORRA) Conventional mortgage: 3-year Conventional mortgage: 5-year Government of Canada benchmark bond yield: 2 year Government of Canada benchmark bond yield: 5 year Government of Canada benchmark bond yield: 10 year

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